{"id":447777,"date":"2023-10-13T20:37:45","date_gmt":"2023-10-13T20:37:45","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=447777"},"modified":"2023-10-14T14:39:15","modified_gmt":"2023-10-14T14:39:15","slug":"filecoin-price-prediction-for-today-october-13-fil-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/filecoin-price-prediction-for-today-october-13-fil-technical-analysis","title":{"rendered":"Filecoin Price Prediction for Today, October 13 \u2013 FIL Technical Analysis"},"content":{"rendered":"
For the past few days, the Filecoin price prediction shows that FIL has been unable to develop the upside momentum above $3.19 as the coin remains at the downside.<\/p>\n
Key Levels:<\/p>\n
Resistance levels: $3.80, $4.00, $4.20<\/p>\n
Support levels: $2.60, $2.40, $2.20<\/p>\n Since the European session, FIL\/USD<\/a> has kept heading toward the 9-day and 21-day moving averages but failed to hold the ground and now hovering around $3.18. Nevertheless, Filecoin (FIL) has been following the downtrend for the past few days and it may need to cross above the moving averages, but the sideways movement could limit its bullish movements.<\/p>\n According to the daily chart, the Filecoin price<\/a> is seen heading towards the 9-day and 21-day MAs, and should the bulls manage to push the market price above the upper boundary of the channel; the coin may likely find the potential resistance levels at $3.80, $4.00, and $4.20. Therefore, if the Filecoin price reverses to the negative side, it may experience a bearish movement.<\/p>\n However, it is likely for the Filecoin price to retest the nearest support at $3.10 and a further drop could pull the market to $2.60, $2.40, and $2.20 supports. Meanwhile, the 9-day MA is moving closely to the 21-day MA, which may introduce more sideways movement into the market.<\/p>\nFilecoin Price Prediction: Would FIL Touch the $3.20 Level?<\/h2>\n
FIL\/BTC Bulls Could Extend to the Upside<\/h2>\n